PowerGen Overview

  • Year Founded
  • 2011

Year Founded

  • Status
  • Private

  • Employees
  • 150

Employees

  • Latest Deal Type
  • Series C

  • Latest Deal Amount
  • $50M

  • Investors
  • 15

PowerGen General Information

Description

Developer of micro-grid power systems designed to transform lives through power. The company's power system facilitates energy access for communities currently not connected to national electricity networks through the development of microgrids and small-scale electricity networks operating independently of the main grid, enabling communities to get affordable, reliable, and grid-equivalent power.

Contact Information

Website
www.powergen-renewable-energy.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Karen Plains Arcade, Second Floor
  • Off Karen Road, Karen
  • Nairobi, 00606
  • Kenya
+254 0713
Primary Industry
Energy Infrastructure
Other Industries
Electric Utilities
Vertical(s)
CleanTech, Manufacturing, Climate Tech, Impact Investing
Corporate Office
  • Karen Plains Arcade, Second Floor
  • Off Karen Road, Karen
  • Nairobi, 00606
  • Kenya
+254 0713

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PowerGen Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Later Stage VC (Series C) 01-Jan-2026 $50M Completed Generating Revenue
6. Secondary Transaction - Private Completed Generating Revenue
5. Later Stage VC 09-Jul-2021 Completed Generating Revenue
4. Later Stage VC (Series B) 04-Nov-2019 Completed Generating Revenue
3. Later Stage VC (Series A) 29-Mar-2017 Completed Generating Revenue
2. Grant 01-Jan-2017 $500K Completed Startup
1. Seed Round 01-Oct-2011 Completed Startup
To view PowerGen’s complete valuation and funding history, request access »

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PowerGen Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of micro-grid power systems designed to transform lives through power. The company's power system facilitates
Energy Infrastructure
Nairobi, Kenya
150 As of 2025

San Mateo, CA
 

Worrstadt, Germany
 
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PowerGen Competitors (8)

One of PowerGen’s 8 competitors is ZOLA Intelligence, a Venture Capital-Backed company based in San Mateo, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
ZOLA Intelligence Venture Capital-Backed San Mateo, CA
Juwi Corporate Backed or Acquired Worrstadt, Germany
Eneus Energy Private Equity-Backed Edinburgh, United Kingdom
Solarkiosk Venture Capital-Backed Berlin, Germany
American Electric Power Company Corporation Columbus, OH
You’re viewing 5 of 8 competitors. Get the full list »

PowerGen Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

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PowerGen Investors (15)

Investor Name Investor Type Holding Investor Since Participating Rounds
African Development Bank Investment Bank Minority
Electrifi Ventures Angel Group Minority
Impact Fund Denmark Government Minority
InfraCo Africa Infrastructure Minority
CrossBoundary Infrastructure Minority
You’re viewing 5 of 15 investors. Get the full list »

PowerGen Acquisitions (1)

PowerGen’s most recent deal was a Merger/Acquisition with Rafiki Power. The deal was made on 19-Aug-2019.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Rafiki Power 19-Aug-2019 Merger/Acquisition Electric Utilities
To view PowerGen’s complete acquisitions history, request access »

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PowerGen FAQs

  • When was PowerGen founded?

    PowerGen was founded in 2011.

  • Where is PowerGen headquartered?

    PowerGen is headquartered in Nairobi, Kenya.

  • What is the size of PowerGen?

    PowerGen has 150 total employees.

  • What industry is PowerGen in?

    PowerGen’s primary industry is Energy Infrastructure.

  • Is PowerGen a private or public company?

    PowerGen is a Private company.

  • What is PowerGen’s current revenue?

    The current revenue for PowerGen is .

  • How much funding has PowerGen raised over time?

    PowerGen has raised $66.5M.

  • Who are PowerGen’s investors?

    African Development Bank, Electrifi Ventures, Impact Fund Denmark, InfraCo Africa, and CrossBoundary are 5 of 15 investors who have invested in PowerGen.

  • Who are PowerGen’s competitors?

    ZOLA Intelligence, Juwi, Eneus Energy, Solarkiosk, and American Electric Power Company are some of the 8 competitors of PowerGen.

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